Our calculators are here to help you make more informed trading decisions. They do the hard work for you, automatically calculating important values like required margin, swaps, stop loss and take profit levels, and much more!
How it works:
A sound risk management strategy is essential for any trader. Part of that is knowing the value of each pip in any trade you make. That’s what our Pip Value Calculator is for!
All you need to do is choose the currency pair you’re trading, the size of your trade, the base currency of your account and your account type. Then, click ‘Calculate’.
Our Pip Value Calculator will automatically work out the pip value for your trade in both the base and quote currency of the pair. No need for any complicated manual calculations on your part.
If, however, you’d like to calculate pip value yourself, the equation used is:
Pip Value = (One Pip / Exchange Rate) x Lot Size